Union Flexi Cap Fund

Flexi CapDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Union Flexi Cap Fund is a Flexi Cap fund run by Union Mutual Fund. On 30-09-2026, it managed ₹2,320 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.7% a year and its Regular plan returned 9.5% a year. Its benchmark, BSE 500 TRI, returned 9.9% a year over the same 3 years.

NAV (Direct plan): ₹56.71; ▼ 0.25%30-10-2026
NAV (Regular plan): ₹50.24; ▼ 0.26%30-10-2026
Expense ratio: 1.52%Direct2.54%Regular; 1.52%; A year
Riskometer: Very High; Set by the fund house
3 year return: 10.7%Direct9.5%Regular; 10.7%; A year

Union Flexi Cap Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹56.71 (down 0.25% that day); Regular Plan Growth ₹50.24 (down 0.26% that day).

This fund (Direct plan)

₹56.71

Union Flexi Cap Fund Returns vs BSE 500 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.61%	−2.79%	+1.78%	−3.32%	+10.74%	+9.20%	+12.83%
This fund (Regular)	−0.69%	−3.03%	+1.25%	−4.34%	+9.51%	+7.97%	+11.81%
BSE 500 TRI	−0.87%	−6.09%	−2.95%	−7.66%	+9.89%	+8.65%	+12.51%
Flexi Cap average	−1.62%	−4.17%	+1.00%	−3.58%	+12.37%	+10.04%	+13.13%
Best in Flexi Cap	+0.85%	−0.17%	+8.85%	+6.40%	+18.32%	+15.53%	+18.28%
Worst in Flexi Cap	−6.55%	−8.89%	−7.46%	−10.21%	+6.61%	+3.93%	+9.31%
Rank in Flexi Cap	12/46	13/44	19/44	19/42	24/36	17/27	10/18

Category rows compare the Direct plans of 46 Flexi Cap funds. Rank 1 is the highest return.

Union Flexi Cap Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	BSE 500 TRI
2026to date	−2.66%	−3.50%	−7.81%
2025	+4.17%	+3.03%	+7.63%
2024	+18.20%	+16.81%	+15.81%
2023	+28.97%	+27.54%	+26.55%
2022	+0.05%	−1.17%	+4.77%
2021	+38.27%	+37.12%	+31.63%

Union Flexi Cap Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,666 periods, one for each trading day from 04-01-2016 to 30-10-2026.

−10%0%10%20%30%40%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

Union Flexi Cap Fund (Direct)BSE 500 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	3,154	11.1%	−27.5%	95.8%	18%	11.3%	47%
2 years	2,912	12.8%	−11.7%	54.2%	6%	15.5%	41%
3 years	2,666	13.6%	−5.2%	33.4%	1%	14.9%	52%
5 years	2,173	14.0%	−2.7%	28.6%	1%	14.9%	56%
7 years	1,684	14.1%	4.9%	18.3%	0%	14.3%	45%
10 years	941	14.0%	10.7%	16.1%	0%	14.6%	9%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	154	12.6%	−40.8%	71.6%	20%	12.7%	41%
2 years	142	11.0%	−21.4%	49.0%	11%	12.4%	42%
3 years	130	12.3%	−13.6%	35.7%	2%	14.9%	48%
5 years	106	15.4%	−4.7%	25.4%	2%	15.4%	63%
7 years	82	15.7%	−0.2%	21.9%	1%	15.5%	76%
10 years	46	15.5%	12.4%	18.2%	0%	15.3%	59%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE 500 TRI over the same days. Past returns do not promise future returns.

Union Flexi Cap Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Union Flexi Cap Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	−3.32%	−7.66%
Standard deviation	14.78%	14.32%
Sharpe ratio	-0.58	-0.90
Sortino ratio	-0.77	-1.19
Maximum drawdown	−13.9% (30-03-2026)	−14.8% (30-03-2026)
Beta	1.01	1.00
Alpha	+4.41%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Union Flexi Cap Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+10.74%	+9.89%
Standard deviation	14.00%	14.19%
Sharpe ratio	0.34	0.27
Sortino ratio	0.45	0.37
Maximum drawdown	−17.3% (28-02-2025)	−18.7% (28-02-2025)
Beta	0.96	1.00
Alpha	+0.98%	0.00%

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Union Flexi Cap Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+9.20%	+8.65%
Standard deviation	13.70%	14.29%
Sharpe ratio	0.25	0.20
Sortino ratio	0.33	0.27
Maximum drawdown	−18.9% (20-06-2022)	−18.7% (28-02-2025)
Beta	0.94	1.00
Alpha	+0.73%	0.00%

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Union Flexi Cap Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+12.83%	+12.51%
Standard deviation	15.17%	16.03%
Sharpe ratio	0.49	0.44
Sortino ratio	0.66	0.59
Maximum drawdown	−35.4% (23-03-2020)	−38.1% (23-03-2020)
Beta	0.93	1.00
Alpha	+0.83%	0.00%

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Union Flexi Cap Fund (Direct)This fund	BSE 500 TRI
Return (CAGR)	+12.63%	+12.82%
Standard deviation	15.04%	15.77%
Sharpe ratio	0.44	0.43
Sortino ratio	0.59	0.58
Maximum drawdown	−35.4% (23-03-2020)	−38.1% (23-03-2020)
Beta	0.93	1.00
Alpha	+0.26%	0.00%

From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−40%−30%−20%−10%0%

2014201620182020202220242026

Union Flexi Cap Fund (Direct)BSE 500 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Union Flexi Cap Fund (Direct)	−35.4%	19-02-2020	23-03-2020	16-09-2020	6 months	−5.9%
BSE 500 TRI	−38.1%	17-01-2020	23-03-2020	06-11-2020	7 months	−9.4%

From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and BSE 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Union Flexi Cap Fund vs Other Flexi Cap Funds

The five Flexi Cap funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
ITI Flexi Cap Fund	1/36	1,588	0.88%	+6.40%	+18.32%	+7.73%	1.09	0.76	1.02	Compare
Bank of India Flexi Cap Fund	2/36	3,098	0.89%	+1.91%	+18.16%	+7.73%	1.14	0.69	0.92	Compare
Motilal Oswal Flexi Cap Fund	3/36	13,446	1.19%	−3.83%	+16.84%	+6.55%	1.02	0.64	0.89	Compare
360 One Flexicap Fund	4/36	2,246	0.92%	+1.77%	+16.69%	+6.74%	1.01	0.70	0.96	Compare
Invesco India Flexi Cap Fund	5/36	5,437	0.88%	−2.73%	+16.68%	+6.64%	1.04	0.69	0.96	Compare
Union Flexi Cap Fund	24/36	2,320	1.52%	−3.32%	+10.74%	+0.98%	0.96	0.34	0.45

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Union Flexi Cap Fund Expense Ratio and Costs

What each plan charges a year, in force from 22-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Flexi Cap median	Cost rank (1 = cheapest)
Direct	0.85%	0.15%	0.01%	0.51%	1.52%	0.96%	37/46
Regular	1.73%	0.15%	0.01%	0.65%	2.54%	2.19%	35/46

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Flexi Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−4.34%	−3.32%	1.02%	₹95,660	₹96,680
3 years	9.51%	10.74%	1.23% a year	₹1,31,329	₹1,35,804
5 years	7.97%	9.20%	1.23% a year	₹1,46,729	₹1,55,279
10 years	11.81%	12.83%	1.02% a year	₹3,05,356	₹3,34,384

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Union Flexi Cap Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planUnion Flexi Cap Fund (Direct)	₹16,60,000	₹43,36,774	₹26,76,774	12.9%
Regular planUnion Flexi Cap Fund (Regular)	₹16,60,000	₹39,93,488	₹23,33,488	11.9%
BSE 500 TRI	₹16,60,000	₹42,30,102	₹25,70,102	12.6%
Category averageCategory average, 46 Flexi Cap funds	₹16,60,000	₹48,38,049	₹31,78,049	14.3%

₹0₹20.0 L₹40.0 L₹60.0 L

2014201620182020202220242026

Direct planUnion Flexi Cap Fund (Direct)Regular planUnion Flexi Cap Fund (Regular)BSE 500 TRICategory averageCategory average, 46 Flexi Cap fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Union Flexi Cap Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

95.0%Equity

Asset	Fund	Category
Equity	95.0%	94.3%
Cash and others	4.9%	4.6%
Debt	0.1%	1.1%

Market cap of stocks

Market cap	Fund	Category
Large Cap	51.7%	51.2%
Mid Cap	12.5%	19.0%
Small Cap	26.4%	21.9%
Not on AMFI's list	4.5%	1.9%

Share of the whole fund. Category: the average of the Flexi Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Union Flexi Cap Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks20.5%
Pharmaceuticals & Biotechnology10.1%
Finance5.9%
IT - Software4.8%
Auto Components4.7%
Retailing3.9%
Transport Services3.8%
Electrical Equipment3.7%
Construction3.3%
Capital Markets3.2%

The ten largest of 32 sectors. The other 22 add up to 31.2%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	21.3%	20.1%	20.5%	−0.8%
Pharmaceuticals & Biotechnology	8.8%	9.5%	10.1%	+1.3%
Finance	6.9%	6.8%	5.9%	−1.0%
IT - Software	4.5%	5.1%	4.8%	+0.3%
Auto Components	4.4%	5.0%	4.7%	+0.3%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Union Flexi Cap Fund Portfolio Holdings

As on 30-09-2026 · 75 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
ICICI Bank Ltd.	Banks	6.32%	0.0%
HDFC Bank Ltd.	Banks	4.51%	+13.5%
Axis Bank Ltd.	Banks	3.65%	0.0%
State Bank of India	Banks	3.35%	0.0%
Bharti Airtel Ltd.	Telecom - Services	2.61%	0.0%
Divi's Laboratories Ltd.	Pharmaceuticals & Biotechnology	2.28%	+10.7%
Eternal Ltd.	Retailing	2.21%	0.0%
Bajaj Finance Ltd.	Finance	2.19%	0.0%
Gabriel India Ltd.	Auto Components	1.97%	0.0%
Sai Life Sciences Ltd.	Pharmaceuticals & Biotechnology	1.97%	0.0%
Ujjivan Small Finance Bank Ltd.	Banks	1.92%	0.0%
Shadowfax Technologies Ltd.	Transport Services	1.83%	0.0%
Ajanta Pharma Ltd.	Pharmaceuticals & Biotechnology	1.75%	0.0%
Trent Ltd.	Retailing	1.70%	0.0%
Cemindia Projects Ltd.	Construction	1.70%	0.0%
Torrent Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	1.66%	0.0%
Cholamandalam Investment & Finance Co. Ltd.	Finance	1.61%	−13.2%
Bharat Heavy Electricals Ltd.	Electrical Equipment	1.57%	0.0%
Reliance Industries Ltd.	Petroleum Products	1.43%	0.0%
ZF Commercial Vehicle Control Systems India Ltd.	Auto Components	1.42%	0.0%
Dr. Lal Path labs Ltd.	Healthcare Services	1.38%	0.0%
Manipal Health Enterprises Ltd	Healthcare Services	1.37%	0.0%
Navin Fluorine International Ltd.	Chemicals & Petrochemicals	1.35%	0.0%
Dhoot Transmission Ltd.	Auto Components	1.28%	−20.0%
Clean Max Enviro Energy Solutions Ltd.	Power	1.26%	0.0%
Inventurus Knowledge Solutions Ltd.	IT - Services	1.24%	−2.0%
HDFC Life Insurance Company Ltd.	Insurance	1.24%	New
Coforge Ltd.	IT - Software	1.21%	0.0%
ICICI Prudential Asset Management Company Ltd.	Capital Markets	1.20%	0.0%
Varun Beverages Ltd.	Beverages	1.19%	0.0%
Aarti Industries Ltd.	Chemicals & Petrochemicals	1.11%	0.0%
Infosys Ltd.	IT - Software	1.11%	0.0%
Ather Energy Ltd.	Automobiles	1.11%	−45.1%
Billionbrains Garage Ventures Ltd.	Capital Markets	1.11%	0.0%
One 97 Communications Ltd.	Financial Technology (Fintech)	1.09%	−50.0%
JSW Infrastructure Ltd.	Transport Infrastructure	1.08%	0.0%
LG Electronics India Ltd.	Consumer Durables	1.08%	0.0%
Engineers India Ltd.	Construction	1.07%	New
Delhivery Ltd.	Transport Services	1.06%	−14.3%
Shriram Finance Ltd.	Finance	1.06%	0.0%
Honasa Consumer Ltd.	Personal Products	1.02%	+29.1%
PNB Housing Finance Ltd.	Finance	1.01%	−26.3%
Titan Company Ltd.	Consumer Durables	0.99%	0.0%
Adani Enterprises Ltd.	Metals & Minerals Trading	0.97%	0.0%
Mphasis Ltd.	IT - Software	0.97%	0.0%
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals & Biotechnology	0.94%	0.0%
Shiprocket Ltd.	Transport Services	0.93%	+28.7%
Cummins India Ltd.	Industrial Products	0.92%	−18.2%
National Stock Exchange of India Ltd.	Capital Markets	0.89%	New
Tech Mahindra Ltd.	IT - Software	0.82%	0.0%
Acutaas Chemicals Ltd.	Pharmaceuticals & Biotechnology	0.78%	0.0%
ABB India Ltd.	Electrical Equipment	0.74%	0.0%
AU Small Finance Bank Ltd.	Banks	0.73%	0.0%
Glaxosmithkline Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	0.73%	0.0%
Maruti Suzuki India Ltd.	Automobiles	0.72%	−41.0%
CG Power and Industrial Solutions Ltd.	Electrical Equipment	0.72%	0.0%
Gokaldas Exports Ltd.	Textiles & Apparels	0.71%	0.0%
Prestige Estates Projects Ltd.	Realty	0.70%	0.0%
JSW Energy Ltd.	Power	0.69%	0.0%
Polycab India Ltd.	Industrial Products	0.69%	−35.5%
GE Vernova T&D India Ltd.	Electrical Equipment	0.68%	0.0%
The Phoenix Mills Ltd.	Realty	0.67%	−30.2%
LTM Ltd.	IT - Software	0.66%	0.0%
Cyient Ltd.	IT - Services	0.59%	New
Dixon Technologies (India) Ltd.	Consumer Durables	0.59%	0.0%
Data Patterns (India) Ltd.	Aerospace & Defense	0.55%	−47.4%
JSW Steel Ltd.	Ferrous Metals	0.54%	0.0%
Oil India Ltd.	Oil	0.54%	0.0%
Balrampur Chini Mills Ltd.	Agricultural Food & other Products	0.50%	0.0%
Larsen & Toubro Ltd.	Construction	0.49%	0.0%
Tata Consumer Products Ltd.	Agricultural Food & other Products	0.49%	0.0%
Sumitomo Chemical India Ltd.	Fertilizers & Agrochemicals	0.42%	0.0%
E2E Networks Ltd.	IT - Services	0.38%	New
91 Day Treasury Bills · Government security	Sovereign	0.06%
91 Day Treasury Bills · Government security	Sovereign	0.05%

Union Flexi Cap Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

HDFC Bank Ltd.	Added	+13.5%	4.51%
Ather Energy Ltd.	Reduced	−45.1%	1.11%
Divi's Laboratories Ltd.	Added	+10.7%	2.28%
One 97 Communications Ltd.	Reduced	−50.0%	1.09%
Cholamandalam Investment & Finance Co. Ltd.	Reduced	−13.2%	1.61%
Dhoot Transmission Ltd.	Reduced	−20.0%	1.28%
PNB Housing Finance Ltd.	Reduced	−26.3%	1.01%
Maruti Suzuki India Ltd.	Reduced	−41.0%	0.72%
Delhivery Ltd.	Reduced	−14.3%	1.06%
Inventurus Knowledge Solutions Ltd.	Reduced	−2.0%	1.24%
HDFC Life Insurance Company Ltd.	New	New	1.24%
Polycab India Ltd.	Reduced	−35.5%	0.69%
Cummins India Ltd.	Reduced	−18.2%	0.92%
Engineers India Ltd.	New	New	1.07%
Data Patterns (India) Ltd.	Reduced	−47.4%	0.55%
Honasa Consumer Ltd.	Added	+29.1%	1.02%
Shiprocket Ltd.	Added	+28.7%	0.93%
The Phoenix Mills Ltd.	Reduced	−30.2%	0.67%
National Stock Exchange of India Ltd.	New	New	0.89%
FSN E-Commerce Ventures Ltd.	Sold out	−100%	was 0.87%
Solar Industries India Ltd.	Sold out	−100%	was 0.82%
Max Financial Services Ltd.	Sold out	−100%	was 0.64%
Cyient Ltd.	New	New	0.59%
Swiggy Ltd.	Sold out	−100%	was 0.48%
E2E Networks Ltd.	New	New	0.38%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Union Flexi Cap Fund bought and sold

Union Flexi Cap Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Union Aggressive Hybrid FundAggressive Hybrid · Union	58.7%	58	Compare
Union Balanced Advantage FundBalanced Advantage · Union	54.8%	57	Compare
Union ELSS Tax Saver Fund FundELSS · Union	54.7%	46	Compare
Union Large & Midcap FundLarge & Mid Cap · Union	50.4%	46	Compare
Union Multi Asset Allocation FundMulti Asset · Union	50.0%	55	Compare
Union Retirement FundSolution · Union	46.2%	39	Compare
Union Children's FundSolution · Union	45.5%	38	Compare
Union Largecap FundLarge Cap · Union	44.8%	33	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Union Flexi Cap Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.52%
Expense ratio (Regular): 2.54%
Category: Flexi Cap
Risk: Very High
Benchmark: BSE 500 TRI
Launch date: 10-06-2011
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹2,319.74 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 119292
ISIN (Direct): INF582M01633
Scheme code (Regular): 115270
ISIN (Regular): INF582M01104
NAV history: From 02-01-2013, 13.8 years

Exit load: Exit load of 1%, if redeemed within 15 days.

Tax on Union Flexi Cap Fund returns

Union Flexi Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹56.71	30-10-2026
direct	IDCW	₹45.80	30-10-2026
regular	Growth	₹50.24	30-10-2026
regular	IDCW	₹28.00	30-10-2026

About Union Flexi Cap Fund

Union Flexi Cap Fund is a mutual fund from Union Mutual Fund. Its category is Flexi Cap. It was launched on 10-06-2011. Its benchmark is BSE 500 TRI. At the end of September 2026 it held 75 securities.

Fund Manager

Sanjay Bembalkar
Fund manager of Union Flexi Cap Fund, since 25-01-2023
Vinod Malviya
Fund manager of Union Flexi Cap Fund, since 01-11-2024

See all funds of Union Mutual Fund

AUM change

September 2026: ₹2,319.74 Cr; −5.41% from August 2026
August 2026: ₹2,452.32 Cr; +2.00% from July 2026
July 2026: ₹2,404.14 Cr; +1.19% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Union Flexi Cap Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Union Flexi Cap vs ITI Flexi CapFlexi Cap
Union Flexi Cap vs Bank of India Flexi CapFlexi Cap
Union Flexi Cap vs Motilal Oswal Flexi CapFlexi Cap
Union Flexi Cap vs 360 One FlexicapFlexi Cap
Union Flexi Cap vs Invesco India Flexi CapFlexi Cap
Union Flexi Cap vs Union Aggressive Hybrid58.7% overlap
Union Flexi Cap vs Union Balanced Advantage54.8% overlap
Union Flexi Cap vs Union ELSS Tax Saver Fund54.7% overlap

Compare with any other fund

Frequently Asked Questions for Union Flexi Cap Fund

What is the current NAV of Union Flexi Cap Fund?

The Direct plan NAV is ₹56.71. The Regular plan NAV is ₹50.24, as on 30-10-2026.

What are the returns of Union Flexi Cap Fund?

The Direct plan returned −3.32% in 1 year, +10.74% a year over 3 years, +9.20% a year over 5 years. The Regular plan returned −4.34% in 1 year, +9.51% a year over 3 years, +7.97% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Union Flexi Cap Fund?

The Direct plan charges 1.52% a year. The Regular plan charges 2.54% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.

What is the AUM of Union Flexi Cap Fund?

Union Flexi Cap Fund managed ₹2,319.74 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Union Flexi Cap Fund?

At the end of September 2026 the largest holdings were ICICIBANK (6.32%), HDFCBANK (4.51%), AXISBANK (3.65%), SBIN (3.35%), BHARTIARTL (2.61%). The fund held 75 securities in all.

What did Union Flexi Cap Fund buy and sell in September 2026?

It bought 5 new stocks: Cyient Ltd, E2E Networks Ltd, Engineers India Ltd, National Stock Exchange of India Ltd, HDFC Life Insurance Company Ltd. It sold out of 4: Swiggy Ltd, Max Financial Services Ltd, Solar Industries India Ltd, FSN E-Commerce Ventures Ltd. It added shares in 4. It reduced 12.

How do I invest in Union Flexi Cap Fund?

Through Union Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Union Flexi Cap Fund?

Sanjay Bembalkar (since 25-01-2023), Vinod Malviya (since 01-11-2024).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.